Do initial public offerings (IPOs) of stock significantly increase in value, on average, in the short term? Test using the data from Table 4.3.7 that show the performance of initial offerings as percent increases from the offer price, with most newly traded companies increasing in value while some lost money. Please give the p-value (as either p>0.05, p<0.05, p<0.01, or p<0.001) as part of your answer. 

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TABLE 4.3.7 Percent Increases from the Offer Price of Initial Public Stock American Phamaceutical Bruker AXS Carolina Group Centene Nassda Corporation Netscreen Technologies Offerings Northwest Biotherapeutics Prudential Financial Sunoco Logistics Synaptics United Defense Industries ZymoGenetics -11% -16% 13 12 44 23 36 35 -16 14 Source: Data from The Wall Street Joumal, February 7, 2002, p. C13; their sources are WSJ Market Data Group and Dow Jones Newswires.